Hulbert: Did the Bear Market Start This Week?

Did the bull market end on Oct. 9? Don't laugh - Oct. 9 is the anniversary of two major trends, Mark Hulbert reports on Markets Hub. Photo: Associated Press.

This transcript has been automatically generated and may not be 100% accurate.

... I ... the ... the past ten years ... question I had this to the bear market start to the Bear markets start this week October nine is important in the counter while what is joining us from Chapel Hill what is so important aam are not about October nine ... what is going to make a big deal and it turned out that the bull market that began ten years ago ... began on October nine and it came to an end to the profitable market due to the right is that provision bear market began ... I'm you get that October night ... and if you look it just to shoot market turning point the chance that ... that the two were both occur in the same day that can make people who were talk about me and ... I made them think that crept up a magical about that that part of the calendar ... section seedy looking technical analysis to look at the charts and ... UBC these patterns emerge people ... get crazy can they become ... self fulfilling prophecies where ... people expected to happen so they sell out is is that sort of what you are ... in some sense getting to ... I wonder that the case with Apple October with a very bad reputation for being a IIa ... a month in which the market's trend often come to an and were regarded which turned previously it was ... I'm not sure if you think that that that reputation I went back and look at all or ... part of the last century it turned out that ... there are several of the month of the calendar that deserve to that much of that reputation as a broker ... shares of the battle of contagion from October beloved about that well ... and so I think perhaps that ate the peak of the top of eighty seven crash from every year that they cannot history but for the nineteen twenty nine crash ... both of which occurred in October ... that that that somehow the federal government larger and investor confidence and you're right ... the people are thinking that way they could become Pope approving it these are the shorter term what about the fundamentals and obviously October's month right before ... Thanksgiving ... or Christmas what before ... market volume ... largely falls aggressively is not ... also be part of this that people get into those Munson realize ... whatever they're trying to do with their portfolios ... will probably have a ... solo or opportunity to do that in the months years last month ... and if the end of October at the beginning of the tip of the total weight favorable period that now that Halloween Indicator ... and in fact it's not October that that the best month of the previous six month that are not people with terrible the worst month of the year ... on average by far the temple ... October tends to have an awkward part that not much ... at the historical average and that the Jets which is why Oct investing Lofton with ... the unfavorable period better with the favorable period to duplicate the historical average it even taking into account the two crash at the mention director ... Oct isn't all that that that you can come out of the effort ... thank you so much for joining us that was Mark Cooper ... from ... from Chapel Hill ... please read it please read more from our on MarketWatch dot com ...